Apr. 1 at 8:39 PM
$LYFT down 30% YTD and nobody's talking about it — but a 13% FCF yield and P/E of 1.90 says the market might be dead wrong.
$LYFT at
$13.44, holding above its SMA 20 (
$13.29) but still well under SMA 50 (
$14.56). RSI 47 — not oversold yet, but room to run. AV/robotaxi fears look overblown if profits keep expanding.
Meanwhile
$UBER at
$72.31 trades at P/E 15.31, sitting below both SMA 20 and 50. Whole sector under pressure.
👀 Watching
$LYFT for a reclaim of
$14.56. Risk/reward here is hard to ignore at these levels.
#LYFT #RideShare #Trading
